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In today's Free Investment newsletter we're exploring the idea of "junk" silver. That's US coins minted before 1965 when they still had 90% pure silver in them. Are they worth buying? Are you a Junk silver hunter in your change? Well, you should be. Just 4 1964 quarters have 11.84 dollars worth of silver in them at today's prices.
And yes they're still around. Friday might at a hotel lounge I ordered two drinks for the wife and I. Sure enough in the two quarters she brought me back, one of them was a 1963. That quarter's worth about 2.50 in silver. So I have a small bucket I collect them in. Read today's Free Investment Newsletter and learn about "junk" silver. You'll find it's not junk!
Besides, the Newsletter is Free, and it's a good read. Enjoy it!
Have you ever heard the term “Junk” Silver? That’s the commonly used name for US coins that were produced back when Uncle Sam had some integrity, and put real silver in our dimes, quarters, half dollars, etc. Well, it’s not junk and for a couple reasons.
Any dime, quarter, or half dollar minted before 1965 is 90% silver, and 10% copper. Then after the coinage act, 1965 – 70 minted coins only had 40% silver. After that? Now that’s true junk. Our coins are a mix of base metals, but nothing precious in them. They’re only “worth” what Uncle Sam says they are.
A while back, actually quite a while now ( time flies) we
posted a "white paper" about silver. So to start of with I want to
repost that, BUT THIS IS IMPORTANT.. I'M ADDING THINGS INTO IT. SO
EVEN IF YOU SAW
NOTE>>> I have a lot to say about this Ebola thing, but since it just hit the US on Tuesday, I’m not prepared. But this weekend I’m going to talk about the entire situation. Stay tuned.
We've created a Facebook page where I'm going to be making comments about the market on a fairly consistent basis. So please go there and do the "like" thing so that any alerts or market comments I make show up on your page.
The latest issue of our free newsletter is up and this week we're just chatting about "living your life". I'm on record as having said many times that I think a global economic reset is going to take place. "Debts that can't be paid...won't be" comes to mind. So should we just live in caves and in fear? Or should we go to work, do the best we can and enjoy our friends and family?
In our view, you have to live life like nothing's going to happen, but do a little "prepping" that could get you through a short period of turmoil. Everyone should have the wherewithal to get through 2 - 3 weeks of a really bad situation.
So, take a read, it's free!